date:Apr 27, 2012
ncludes corrugated packaging for frozen meat and produce, saw year-on-year sales decline 7% to $19m (14.3m), attributed to increased demand for entry-level solutions unfavourably impacting the segments overall product mix.
Profit fell 5% to $113m (85.3m) due to the unfavourable pricing and product mix and higher labour costs and the firm said the second quarter earnings are expected to decline because of higher investment costs being allocated for a new box plant in Aracatuba, Brazil.
In the s